For Sale: 5008 41 Street, Sylvan Lake, AB - REW
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$739,900
6 bd • 4 ba • 1810 sf • House
5008 41 Street
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$739,900
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5008 41st StreetSylvan Lake, AB, T4S 1B9

  • 6 Bed
  • 4 Bath
  • 1810 Sqft
  • House

About this home

Welcome to 5008 41 Street in Sylvan Lake, a beautifully designed 6-bedroom, 3.5-bath home just steps from the beach, walking trails, and all the best of lake life. Whether you're seeking a full-time residence, a vacation retreat, or a smart investment property, this home delivers on all fronts. The bright, open-concept main floor features beautiful hardwood and tile flooring throughout, with a spacious kitchen anchored by a large central island — ideal for cooking, hosting, and gathering. Upstairs, you'll find the primary bedroom with a private 3-piece ensuite, plus three more generous bedrooms and a full laundry room. The fully finished basement offers two additional bedrooms, a full bathroom, second laundry area, and a private exterior entrance. To date, all primary rental income has come from the upper level only, which has been successfully used for both short-term (Airbnb) and long-term rentals. The basement remains mostly unused, aside from one room that is currently being rented for storage. Outside, enjoy your private hot tub — a huge draw for guests and a perfect way to relax year-round. Additional features include, central vacuum roughed in, double detached garage which is currently being rented out for $450/month. The basement storage room is also being rented out at $275/month. 2023/2024 Rental Revenue for Airbnb is $48,212.29 - long term rental $24,450 - Garage Rental $5400/year & Storage room rental in the basement $3300/year. The total gross income is approximately $81,362.29 annually.
Listed by: Drew McGinnis, eXp Realty

Home facts and features

Price details
List Price
$739,900
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Home facts
Bedrooms
6
Full Bathrooms
3
Partial Bathrooms
1
Parking Spaces
2
Property Type
House
Lot Size
3485 ft²
Frontage
30.35 ft
Year Built
Built in 1998 (28 yrs old)
Style
2 Storey
Heating Type
In Floor,Forced Air
Cooling
Full
Basement Details
Full
Features
Back Lane, Back Yard, Ceiling Fan(s), Closet Organizers, Kitchen Island, Lake, Landscaped, Laundry Room, Private Yard, Schools Nearby, Wood Burning Stove
Amenities
Golf Course, Playground, Shopping Nearby
Appliances
Dishwasher, Refrigerator, Stove(s), Washer/Dryer, Water Softener, Window Coverings
Agent details
Primary Agent
Primary Broker
eXp Realty
Listing details
Days on REW
118 Days
Property Views
135
MLS® Number
A2285838
Source
Pillar 9
Board
Central Alberta REALTORS® Association
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25 Years
Interest Rate
3.99%

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Property Insights

C. P. Blakely Elementary School
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  • In Catchment
Equinox Group Home
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  • In Catchment
Our Lady Of The Rosary School
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École Steffie Woima Elementary School
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École H.J. Cody High School
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Sylvan Lake Career High School
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  • In Catchment
Lighthouse Christian School
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École Fox Run School
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Beacon Hill Elementary School
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Mother Teresa
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Call Agent
Drew McGinnis
Phone:
403-347-8757
Office:
403-262-7653
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